Will You Be Affected By the New Overtime Rules?

By Mike Switzer

Published November 3, 2016 at 5:37 AM EDT

On December 1^st, new federal overtime rules will be going into effect that will substantially affect how businesses pay salaried employees. What does this mean for our state’s businesses and workers?

Mike Switzer interviews Kris Cato, a certified labor and employment law specialist with Blair Cato Pickren Casterline in Columbia, SC.

DOL New Overtime Rules

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Mike Switzer

After almost 20 years, Mike Switzer retired from Wells Fargo Securities in 2001 as Senior Vice President/Investment Officer and Certified Portfolio Manager. In 1999, he and his wife, Maggie, purchased and operated for eight years the Baskin Robbins ice cream store on Forest Drive in Columbia. They grew the store from a bottom-tier operation in the Baskin Robbins franchise system to one in the top 5% nationwide within three years, tripling sales along the way. While operating the ice cream store, Mike and Maggie received patents for a portable ice cream sink and fold-down sneezeguard they invented and in 2002 started Magnolia Carts, an ice cream cart manufacturing company, which they sold in 2013.

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